Antalya is a Turkish city that has attracted international property buyers for years. Its allure lies not just in the warm Mediterranean climate or the breathtaking turquoise coastlines, but also in the rich cultural tapestry and the robust property market that promises lucrative investment opportunities.

In 2023, Antalya was revealed as Turkey’s most popular city for foreign property investment, with 12,702 sales to foreigners [i]. This surge in interest can be attributed to several factors. The city’s culture, deeply rooted in history, offers a living experience where modern amenities meet ancient traditions. The Old Town of Antalya, with its Roman-era harbour, historic city walls, and Ottoman houses provides a unique backdrop for contemporary Turkish life.

 

Antalya property market

The property market in Antalya has been buoyant despite global economic fluctuations. With a diverse range of properties, from luxury villas to affordable apartments, the market caters to a wide spectrum of preferences and budgets. In 2023, 36.3% of all foreign property sales in Turkey were in Antalya, a testament to the enduring appeal of the city’s real estate [i].

 

Climate

The climate in Antalya is also very appealing. The city enjoys over 300 days of sunshine a year, mild winters and long, warm summers. This idyllic weather enhances the quality of life and extends the tourist season, benefiting property owners who choose to rent out their homes.

 

Residency options

Economic factors also play a role in Antalya’s popularity. The Turkish government has implemented policies that make it easier for foreigners to purchase property and obtain residency. Although there was a drop in applications due to complications in obtaining residence permits, Russians remained the top property buyers in Turkey in 2023, with 10,560 properties purchased [i]. This indicates a strong, ongoing interest despite bureaucratic hurdles.

 

Well connected

The city’s infrastructure is well-developed and Antalya Airport (AYT) provides easy access to Europe, the Middle East and other parts of the world. This connectivity is crucial for international buyers wanting to use their properties as holiday homes or rental investments.

 

Why Antalya?

Antalya’s blend of cultural appeal, strong property market, favourable climate and supportive economic policies create a compelling case for international property buyers. The city not only offers a chance to own a slice of paradise but also presents a sound investment opportunity with the potential for appreciation and rental income. As the figures from 2023 show, Antalya’s charm is only set to grow, making it a wise choice for anyone looking to invest in international real estate.

Browse properties in Antalya on Rightmove Overseas

 

Written by Property Guides for Rightmove

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[i] Tranio, 2023 Link: https://tranio.com/articles/turkey-s-property-market-in-2023-russians-are-leading-investors-among-foreign-nationals/